Banks including HSBC fined £100m for ‘anti-competitive behaviour’
In a statement released this morning, the Competition and Markets Authority (CMA) confirmed that the banks have agreed to pay ...
Major banks including HSBC and Morgan Stanley fined for 'anti-competitive behaviour'
The Competition and Markets Authority (CMA) has handed out fines to the banks, as well as Royal Bank of Canada, after traders ...
UK banks hit with £100M penalty for breaching gilt trading rules
Citi, HSBC, Morgan Stanley, and RBC fined over £100mn by the UK’s CMA for exchanging sensitive gilt trading data. Deutsche ...
HSBC and three other banks told to pay out £100million
The Competition and Markets Authority (CMA) said that Citi would pay around £17.2 million, HSBC would pay £23.4 million, ...
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HSBC and three other banks fined over £100 million for trader collusion
Four major banks, including HSBC, Citi, Royal Bank of Canada (RBC), and Morgan Stanley, have been fined a total of £104.4 ...
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HSBC Plans New Round of Investment Bank Job Cuts Next Week
Townhall The UK bank’s abrupt retrenchment from equity underwriting and advisory services outside its core markets of Asia ...
HSBC to redeploy US$1.5 billion to Hong Kong, Asia from ‘low-return’ markets as CEO cuts costs
Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.
HSBC expects $2.4b revamp cost over next two years
HSBC added that it plans to incur costs of US$1.8 billion over 2025 and 2026 to deliver the reductions. Mr Elhedery has moved ...
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HSBC ups profits as business restructures
HSBC ups profits but has slight shortfalls in revenue in 2024 full-year results amid company restructure beginning Jan 1 ...